Prominent Power Center Location

Essential CRE is please to present the opportunity to acquire the fee simple interest in Ashley HomeStore located at 1950 Hurley Dr Pocatello, ID. The subject property is a 32,307 SF freestanding structure, resides on 2.52 acres of land and was built in 2008 located in Pocatello Square, a ±244,120 SF prominent grocery anchored retail hub. The site benefits from high visibility, large signage, ample parking, convenient access to and from Hwy I-86, and close proximity to Walmart Super Center and Pine Ridge Mall. Ashley Furniture has seven years remaining on an absolute NNN lease with two, 5-year options with 10% increases.

HIGH VOLUME PROMINENT RETAIL HUB: Surrounding National Retailers include Walmart, Lowes HomeImprovement, Dick Sporting Goods, PetSmart and Buffalo Wild Wings
STRATEGIC POSITIONING: Located Directly off HWY I-86 - 28,500 VPD with Convenient ingress and Egress from Bullock Street and Hurley Drive
STRONG DEMOGRAPHICS: Over 70,000 Residents Living within a 5-Mile Radius , Idaho is the second-fastest growing state in the country in 2022, with a population just shy of 2 million people, according to U.S. Census Bureau
HIGH QUALITY CONSTRUCTION: Freestanding Big Box Built in 2008, Features High-End Finishes
ESTABLISHED BRAND: Ashley HomeStore a Subsidiary of Ashley Furniture Industries,Inc Founded in 1945, Reported 2022 Revenue of $10.3B

Pocatello is a city located in Southeastern Idaho. It is the county seat of Bannock County and is situated in the Portneuf Valley along the banks of the Portneuf River. Pocatello is the fifth-largest city in Idaho and serves as a regional hub for education, commerce, and transportation in the region. Pocatello's economy has historically been driven by agriculture, railroads, and manufacturing. The city is home to several manufacturing facilities, including those related to technology, food processing, and aerospace. Education and healthcare also play significant roles in the local economy.
Pocatello is well-connected by transportation infrastructure. Interstate 15 runs through the city, making it a convenient stop for travelers. The Pocatello Regional Airport provides commercial air service to the region. The city has a diverse population, with residents of various ethnic backgrounds. The community is known for its friendliness and welcoming atmosphere. Pocatello's combination of natural beauty, educational institutions, and a diverse economy make it an attractive place to live, work, and visit in southeastern Idaho. It offers a mix of urban amenities and outdoor recreational opportunities for residents and visitors alike.